how to get rid of your timeshare legally
TRANSCRIPT
How to Get Rid of Your Timeshare Legally
A timeshare agreement is a legal document that you can get rid of only if the bond allows for
cancellation. Most time share contracts include a clause that states that you can cancel your contract
within a specific period of time. Apart from that, the only legal ways to come out of this contract
includes selling, donating or renting it to someone else. Here are some ways that help you, how to get
out of a timeshare contract.
1. Most states offer a seven-day rescission period during which you can get rid of your timeshare
contract and claim for the refund of your deposits and other payments. You can cancel the
agreement within 7 days of purchasing the timeshare unit. You should submit a written notice of
cancellation to your home resort.
2. You can advertise your timeshare property by listing it on reputed sites like TUG, eBay, Craigslist
or any other timeshare-auction sites. You can also find out from the developer whether they
undertake re-sales.
3. There are many charities that sell your property to a buyer and the money they get from
processing the sales go their charity’s fund.
4. Discuss with top attorney’s who have experience and success in dealing with Timeshare
cancellation cases. They assist you in completely coming out of your timeshare contract as well
getting back the money you have invested in it.
Note: beware of timeshare representatives who demand upfront fees and promise you to sell your
timeshare unit for profit.
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